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Gotham Gazette

The Place for New York Policy and politics

Citizens Union
 

property taxes

property taxes

  • de Blasio Corey Johnson town hall

    Mayor de Blasio & Speaker Johnson hold a town hall (photo: Ed Reed/Mayor's Office)


    This May, Mayor Bill de Blasio and City Council Speaker Corey Johnson announced an advisory commission to recommend reforms to New York City’s property tax system. According to its website, the commission is charged with “developing proposals to make the system simpler, clearer, and fairer.” However, it has also been given the mandate to do so in a way that is revenue neutral -- a goal that is both counterproductive and unnecessary.

    For eight years, I had

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  • Corey Johnson City Council hearing

    Speaker Johnson & Council members (photo: John McCarten/City Council)


    The New York City Council has been pushing for temporary relief for lower- and middle-class homeowners in this year’s budget, calling on Mayor Bill de Blasio to fund a one-time $400 property tax rebate that would cost about $187 million in total. Council Members, some of whom are homeowners themselves and could potentially qualify for the rebate, say it’s a much needed measure that could help thousands of New Yorkers reduce their annual tax burden.

    The

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